Brookfield Asset Management Inc (BAM) to Issue $0.14 Quarterly Dividend

Marco Green
June 14, 2017

Finally, CIBC World Markets Inc. raised its stake in Brookfield Asset Management by 0.4% in the third quarter. The institutional investor held 36.52M shares of the building operators company at the end of 2016Q4, valued at $1.22 billion, down from 36.73M at the end of the previous reported quarter. The stock rose 0.65% or $0.05 reaching $7.75 per share. About shares traded. Brookfield Asset Management Inc (NYSE:BAM) has risen 13.98% since June 12, 2016 and is uptrending. Female Health Co (FHCO) has declined 17.97% since June 13, 2016 and is downtrending. It has underperformed by 35.59% the S&P500. The stock's market capitalization is 36.58B, it has a 52-week low of 31.70 and a 52-week high of 38.99. TD Asset Management Inc. now owns 21,209,434 shares of the financial services provider's stock valued at $770,515,000 after buying an additional 673,510 shares during the last quarter. Brookfield Asset Management earned a news impact score of 0.64 on AlphaOne's scale.

About 295 shares traded. It has outperformed by 37.22% the S&P500.

Since January 1, 0001, it had 13 insider buys, and 0 sales for $232,789 activity. $180,454 worth of Green Dot Corporation (NYSE:GDOT) was sold by Shifke Mark L. This represents a $2.39 annualized dividend and a yield of 10.05%. 30 funds opened positions while 57 raised stakes. The company was downgraded on Wednesday, May 11 by Barclays Capital.

Awm Investment Company Inc. holds 0.07% of its portfolio in Female Health Co for 400,000 shares. Hightower Advisors Ltd Limited Liability Company has invested 0.02% in Green Dot Corporation (NYSE:GDOT). Gsa Capital Partners Llp owns 244,873 shares or 0.01% of their U.S. portfolio. 185,304 were accumulated by Jpmorgan Chase. Shareholders of record on Thursday, June 15th will be paid a $0.199 dividend. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Therefore 20% are positive. Anglogold Ashanti Limited had 10 analyst reports since August 18, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Thursday, January 19 by Citigroup. The company was upgraded on Friday, January 15 by Goldman Sachs. Jefferies has "Hold" rating and $8 target. Jefferies maintained RadNet Inc. BTIG Research maintained the stock with "Buy" rating in Sunday, August 9 report. The rating was downgraded by BTIG Research to "Neutral" on Friday, March 18. The company was initiated on Tuesday, May 24 by Wood. On average, equities research analysts forecast that Brookfield Asset Management will post $1.31 EPS for the current year. Therefore 100% are positive.

Among 7 analysts covering Brookfield Asset Management Inc.

05/24/2016 - Keefe, Bruyette & Woods began new coverage on Brookfield Asset Management Inc giving the company a "outperform" rating.

COPYRIGHT VIOLATION NOTICE: "Brookfield Asset Management (BAM) Receives Daily News Impact Rating of 0.53" was originally published by Chaffey Breeze and is owned by of Chaffey Breeze. Wood has "Buy" rating and $45 target.

Stock market analysts watching Forestar Group Inc (NYSE:FOR) have recently changed their ratings on the stock. Brookfield Asset Management Inc. had 16 analyst reports since August 10, 2015 according to SRatingsIntel.

Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) last released its quarterly earnings results on Thursday, May 11th. TheStreet upgraded Brookfield Asset Management from a "c+" rating to a "b" rating in a report on Friday, February 17th. RBC Capital Markets maintained it with "Outperform" rating and $40 target in Thursday, October 8 report. The firm has "Sector Outperform" rating by IBC given on Friday, October 16. It also increased its holding in Mastercard Incorporated (NYSE:MA) by 594,848 shares in the quarter, for a total of 2.68M shares, and has risen its stake in Plains All Amern Pipeline L (NYSE:PAA).

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